Fear & Greed Day Trader
Focus your mind, manage emotions, go with the flow.
Wednesday, June 03, 2009
Markets stalled , closing out my positions. Going to enjoy the nice day outside.
ZION
WFC
SKF
Tivo stalled so dumping it. 1/2 hour to go in the day.
markets are dropping , GG is floating around so sell it and go short WFC instead as it has momo
WFC
GG
Cut short my loser in GG and long it again for the moment
Feels like things are stalling again so I'm back onto the original trends, short banks/golds and long SKF
SKF
GG
ZION
Sold the pop in SKF and short again
TIVO is up huge today but now looks like its pausing so short it here and watch to see if its a reversal or just a pull back.
And when an opportunity like SKF comes along cover the quick short and go long again, same with GG, ZION only in the other direction.
Momo has stalled so at times like these it's better to take what ever profits that are offered and trade them the other direction
SKF
GG
ZION
A day when banks/golds are down, SKF/ FAZ rising. Watching a stocks when they make new highs or lows can provide good entry points.
SKF making new highs
GG in downtrend
ZION making lows
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